XRP is currently priced at $1.99, experiencing a notable 24-hour decline of 7.05%. The trading range has been between $1.96 and $2.14, indicating a relatively tight daily range of 0.18%, while the volume stands at approximately $7.04 billion, representing 5.88% of the market cap.

Technical indicators reveal bearish momentum, with the 1-hour RSI at 26, suggesting oversold conditions. Moving averages show consistent downward pressure, with the 8 SMA at $2.02 reflecting a decline of 1.50%, and longer SMAs indicating a trend of increasing losses, particularly the 144 SMA at $2.18, down 8.92%.

Over the past week, XRP has seen a price change of -13.85%, and a 30-day decline of -18.46%, reinforcing a bearish trend. This downward momentum coincides with the cryptocurrency's all-time high of $3.65 recorded in July 2025, illustrating the distance XRP has yet to recover.

Given the current oversold conditions indicated by the RSI and the significant downward trend across multiple time frames, the outlook remains negative. While there may be potential for short-term corrections, the prevailing sentiment and technical indicators suggest continued selling pressure.

Rating: Sell. The combination of declining price, bearish moving averages, and poor RSI signals points towards further losses in the short to medium term, making it prudent to exit positions.